11999 Old Canal Rd, Greenwell Springs, LA, 70739 | $588/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Greenwell Springs at 11999 Old Canal Rd, Greenwell Springs, LA, 70739 listed at $319,900 pairs $2,570/mo rent with a $1,566/mo payment to leave $588/mo cash flow. Total monthly income runs $2,570/mo, and annual cash flow reaches $7,058/yr on $106,047 cash to close. Return on cash invested measures 26.56% in year one, and rental yield registers 9.64% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 138.57% and total cumulative return in cash totals $146,948. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,570/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2015

9,234 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70739, Greenwell Springs, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,146 (100%)
Owner Occupied HU	4,207 (81.8%)
Renter Occupied HU	627 (12.2%)
Vacant Housing Units	312 ( 6.1%)
Median Home Value	$338,798
Average Home Value	$384,306